The U.S. International Trade Commission (ITC or Commission) today determined that revoking
the existing countervailing duty order on circular welded pipe and tube from Turkey; the existing
antidumping duty orders on circular welded pipe and tube from Brazil, India, Korea, Mexico,
Taiwan, Thailand, and Turkey; and the existing antidumping duty order on light-walled
rectangular pipe and tube from Taiwan would be likely to lead to continuation or recurrence of
material injury within a reasonably foreseeable time. The Commission further found that
revoking the existing antidumping duty order on light-walled rectangular pipe and tube from
Argentina would not be likely to lead to continuation or recurrence of material injury within a
reasonably foreseeable time.

As a result of the Commission's affirmative determinations and Commerce's recent affirmative
findings, the existing orders on imports of circular welded pipe and tube from Brazil, India,
Korea, Mexico, Taiwan, Thailand, and Turkey and on imports of light-walled rectangular pipe
and tube from Taiwan will remain in place. The existing order on light-walled rectangular pipe
and tube from Argentina will be revoked.

Chairman Daniel R. Pearson, Vice Chairman Shara L. Aranoff, and Commissioners Jennifer A.
Hillman and Deanna Tanner Okun voted in the affirmative with respect to circular welded pipe
and tube from Brazil, India, Korea, Mexico, Taiwan, Thailand, and Turkey and light-walled
rectangular pipe and tube from Taiwan; they voted in the negative with respect to light-walled
rectangular pipe and tube from Argentina. Commissioners Stephen Koplan and Charlotte R.
Lane voted in the affirmative with respect to all products from all countries.

Today's action comes under the five-year (sunset) review process required by the Uruguay Round
Agreements Act. See the attached page for background on these five-year (sunset) reviews.

The Commission's public report Certain Pipe and Tube from Argentina, Brazil, India, Korea,
Mexico, Taiwan, Thailand, and Turkey (Inv. Nos. 701-TA-253 and 731-TA-132, 252, 271, 409-410,
532-534, and 536 (Second Review)), USITC Publication 3867, July 2006) will contain the views of
the Commission and information developed during the reviews.

Copies may be requested after July 28, 2006, by calling 202-205-1809 or by contacting the Office of
the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436.
Requests may be made by fax at 202-205-2104.

BACKGROUND

The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or
countervailing duty order, or terminate a suspension agreement, after five years unless the Department of
Commerce and the ITC determine that revoking the order or terminating the suspension agreement would
be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury
(ITC) within a reasonably foreseeable time.

The Commission's institution notice in five-year reviews requests that interested parties file responses
with the Commission concerning the likely effects of revoking the order under review as well as other
information. Generally within 95 days from institution, the Commission will determine whether the
responses it has received reflect an adequate or inadequate level of interest in a full review. If responses
to the ITC's notice of institution are adequate, or if other circumstances warrant a full review, the
Commission conducts a full review, which includes a public hearing and issuance of questionnaires.

The Commission generally does not hold a hearing or conduct further investigative activities in expedited
reviews. Commissioners base their injury determination in expedited reviews on the facts available,
including the Commission's prior injury and review determinations, responses received to its notice of
institution, data collected by staff in connection with the review, and information provided by the
Department of Commerce.

On October 4, 2005, the Commission voted to conduct full reviews. With respect to welded carbon
steel pipe and tube from Turkey and circular welded nonalloy steel pipe from Mexico, all six
Commissioners concluded that both the domestic and respondent group responses were adequate and
voted for full reviews. With respect to welded carbon steel pipe and tube from Thailand and India,
small diameter carbon steel pipe and tube from Taiwan, and circular welded nonalloy steel pipe from
Brazil, Korea, and Taiwan, all six Commissioners concluded that the domestic group responses were
adequate and the respondent group responses were inadequate, but that circumstances warranted full
reviews. With respect to light-walled rectangular pipe and tube from Argentina and Taiwan, Chairman
Stephen Koplan and Commissioners Charlotte R. Lane and Shara L. Aranoff concluded that the
domestic group responses were adequate and the respondent group responses were inadequate, but that
circumstances warranted full reviews; Vice Chairman Deanna Tanner Okun and Commissioners
Jennifer A. Hillman and Daniel R. Pearson concluded that the domestic group responses were adequate
and the respondent group responses were inadequate and voted for expedited reviews.

In addition, a record of the Commission's vote to conduct full reviews is available from the Office of
the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436.
Requests may be made by telephone by calling 202-205-1802.